Automotive Transmission Systems Market Worth 7.1 Million by 2018
DALLAS, April 8, 2013
DALLAS, April 8, 2013 /PRNewswire/ --
The report" Automotive Transmission Systems Market, By Transmission Types
[Continuously Variable (CVT), Dual Clutch (DCT)], Vehicle Types (Passenger,
Commercial) & Geography: Global Trends and Forecast to 2018 " defines and
segments the global DCT and CVT market with analysis and forecasting of the
global volume and revenue. The dual clutch transmission system market is
estimated to reach 7.1 million units by 2018, whereas the continuously
variable transmission system market is expected to be 11.5 million units by
*101 market data tables
*376 pages and an in-depth Table of Content on Automotive Transmission
Early buyers will receive 10% customization on reports.
DCT Gaining Attention in European Region
European automakers are keen on the adoption of new vehicle technologies and
advancements that help in meeting stringent environmental norms. Dual clutch
transmission technology is one amongst these. Automobile manufacturing
companies such as Volkswagen, BMW, Fiat Group and others have launched their
vehicles equipped with DCT. These companies have plans for further increasing
the production of DCT-based vehicles. For instance, Volkswagen planned to
increase DCT production by locating their facilities in China. Fiat Power
trains have also received further orders from Chrysler for supplying DCT for
their vehicles. Such trends indicate growth in installation rates of DCT in
Asia-Pacific: A market place for both DCT and CVT systems
Asia-Pacific being the largest automobile manufacturing region in the world
produced 42 million automobiles in 2012 and this is estimated to grow at a
CAGR of 7.9% for the next six years. Thus, in terms of the automotive
transmission systemsmarket , this region also becomes the largest market in
terms of volumes of installations. The continuous variable transmission system
was developed in the Asia-Pacific region as there was a need for a fuel
efficient and low carbon emission technology due to rising fuel prices,
increasing pollution and stringent regional and environmental norms. The
continuous variable transmission system was accepted by most of the major
automotive manufacturers such as Toyota, Honda, Mitsubishi, Nissan, etc. due
to its salient features over the conventional transmission system. The
awareness of the dual clutch transmission system has spread recently in the
Asia-Pacific region due to the efficiency of the technology in high
performance vehicles in Europe. Thus, the dual clutch and continuous variable
transmission system are expected to play a bigger role in the Asia-Pacific
automotive transmission market.
CVT to witness high growth in North America
North America is the third largest automobile manufacturer in the world with
15 million units of automobiles produced in North America. Most of the major
automobile companies such as Ford, General Motors, Toyota, Honda, etc. have
their manufacturing facility in North America. The region has a blend of both
fuel efficient and performance oriented vehicles due to varied lifestyle of
the population. The automobile manufacturers in the region focus a lot on
producing eco-friendly and sustainable vehicles due to depleting oil reserves
and increasing environmental issues. The dual clutch and continuously variable
transmission systems, due to respective salient features in providing a fuel
efficient, low carbon emitting, and high performance vehicle over the
conventional transmission systems, have better market opportunity in the North
American automotive market.
The report covers global DCT & CVT system market in terms of volumes of
installations (thousand units) and revenue ($ Million) across regions such as
Asia-Pacific, Europe, North America, and Rest of the World (ROW). It explains
qualitative and quantitative aspects of DCT & CVT systems with respect to
vehicle types and lubrication types. The report briefly explains the dual
clutch and continuously variable transmission market on the basis of
geography, technology, and lubrication type from year 2010 to 2018.
The report also shows an overview of the technical as well as other important
aspects of DCT and CVT market. It includes an analysis of the value chain,
Porters Five Forces Analysis, the competitive landscape, and company profiles.
In addition to this, 20 key players in the market have also been profiled.
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